Arrow Electronics, Inc. ( ENG ) is a member of the Discounted Fundamental Strength profit track thanks to strong fundamentals at an undervalued price. Such stocks present a great opportunity to harness rising profit potential. Read about this oil and gas company along with three other stocks that make the grade.
Arrow Electronics, Inc. ( ARW ) reported year-over-year first quarter earnings of 75 cents per share, compared to 36 cents per share and exceeded the analysts? expectation of 60 cents. The company also enjoys a price/sales ratio of .20 and a current ratio of .1.84. Moreover, a PEG ratio of .59 and a five-year average Return on Assets of 4.63% suggest that the company trades at a discount despite being fundamentally solid. ARW is the world’s largest distributor of electronic components and computer products to industrial and commercial customers.
EnerSys ( ENS ) qualifies for this profit track with a current ratio of 2.13 and a price/sales ratio of .74, bettering this screen?s parameters of greater than 1.5 and less than 1, respectively. In addition, the company has an average Return on Assets of 3.98% over the past five years and a PEG ratio of .87. The company reported fourth quarter results, with year-over-year net earnings of 45 cents per share, compared to 36 cents and delivered a 4.7% surprise. ENS is a global leader in stored energy solutions for industrial applications.
Genesco Inc. ( GCO ) delivered a 90.9% surprise in the first quarter, with earnings 42 cents per share. Over the past five years, the company has averaged a Return on Assets of 6.6%. However, this fundamentally-solid company still trades at a discount, as evidenced by its PEG ratio of .90. GCO sells footwear, headwear and accessories in retail stores in the United States and Canada.
Metropolitan Health Networks Inc. ( MDF ) is a growing healthcare organization in Florida that earned its place on the Discounted Fundamental Strength profit track with a PEG ratio of .73 and a current ratio 5.89. Moreover, MDF enjoys a price/sales ratio of .43 and a five-year average Return on Assets of 14.84% MDF finished the first quarter with earnings of 17 cents per share, compared to last year?s earnings of 8 cents.
